StockNews.com Begins Coverage on Charles & Colvard, Ltd. (NASDAQ:CTHR)

StockNews.com began coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a research report sent to investors on Monday. The brokerage issued a hold rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Shares of Charles & Colvard, Ltd. stock opened at $1.72 on Monday. The business’s 50 day simple moving average is $1.74 and its 200 day simple moving average is $2.35. Charles & Colvard, Ltd. has a 52-week low of $1.51 and a 52-week high of $7.46. The firm has a market cap of $5.36 million, a PE ratio of -0.29 and a beta of 1.43.

Charles & Colvard, Ltd. Company Profile

Charles & Colvard, Ltd. operates as a fine jewelry company in the United States and internationally. The company operates in two segments, Online Channels and Traditional. It manufactures, markets, and distributes moissanite jewels and finished moissanite jewelry under the Charles & Colvard Created Moissanite brand; and premium moissanite gemstones under the Forever One brand name.